Doge

Tesla came up short in its first-quarter earnings on Tuesday, missing Wall Street's estimates amid a slump in sales and looming uncertainty in the auto industry.The EV giant used its Tuesday call to share key updates that address some of investors' concerns hanging over a particularly weak quarter.For instance, Tesla CEO Elon Musk said that…

Elon Musk has announced he will step back from the White House DOGE office after spending three months trying to radically reshape the federal government and its workforce."Starting next month, I will be allocating far more of my time to Tesla," he said, "now that the major work of establishing the Department of Government Efficiency"…

Elon Musk has announced he will step back from the White House DOGE office after spending three months trying to radically reshape the federal government and its workforce."Starting next month, I will be allocating far more of my time to Tesla," he said, "now that the major work of establishing the Department of Government Efficiency"…

Elon Musk is coming under growing pressure to choose between Tesla and DOGE, after the automaker's terrible start to the year.Tesla investors are increasingly restless ahead of a critical earnings report on Tuesday, with one prominent analyst saying the company faces a "code-red situation" if Musk stays at DOGE."Musk needs to leave the government, take…

A ranking member of the House Oversight Committee wrote in a new letter that DOGE has unleashed "chaos" at the Social Security Administration, putting Americans' privacy, security, and access to benefits at risk.In a Thursday letter to Michelle Anderson, the SSA's Assistant Inspector General for Audit, Democratic Representative Gerald Connolly of Virginia urged the agency…

DOGE is taking an ax to consulting, and the contracts being targeted show a major realignment in how the federal government wants to work with consultants under President Donald Trump.Business Insider analyzed the data available on the White House DOGE office's website to work out two things: what services DOGE deems a waste of money…

Department of Homeland Security Secretary Kristi Noem offered employees of one of the federal government's largest agencies a buyout on Monday evening, giving them a week to decide whether they wanted to leave the federal workforce.The email — which resembles the "Fork in the Road" email sent to government employees — offers DHS employees the…

Wall Street analyst Dan Ives, long bullish on Tesla, has soured on the stock.In a note published Sunday, Ives' firm, Wedbush Securities, slashed its 12-month price target for Tesla stock from $550 to $315, a 43% reduction — though still above its current price of $239. "Tesla has essentially become a political symbol globally," the…

As Tesla sees cratering sales and faltering investor confidence, marketing experts say CEO Elon Musk has repelled the precise political demographic mostly likely to buy his vehicles — and that the path to recovery may not be easy.Aside from Musk selling his 13% stake in Tesla or ceasing his political activities, brand experts told Business…

Elon Musk on Saturday defended the White House DOGE Office, arguing that the task force is "extremely transparent." Musk has faced a growing backlash over his work to reshape the federal government."We're very transparent with the Department of Government Efficiency," Musk told Italian Deputy Prime Minister Matteo Salvini virtually at a meeting of Italy's League…